Banking Account Agreement

Florida State University and SunTrust FSUCard Agreement

Award period of July 1, 2016 - June 30, 2017

Total Number of Accounts: 38,556

Total Accounts Mean and Median Costs
Mean $29.00
Median $0.00

 

Total Consideration Received by Institution
Fixed Commission $170,000.00
Variable Commission $0.35*

                                                                          *Per foreign ATM transactions

 

The Florida State University shares the Department of Education’s objectives of transparency and accountability concerning the disclosure of financial account options for student banking partnerships. Beginning July 2, 2016, the University will publish the full contract with SunTrust bank, our partner in student banking, for review.

The link will be published year round and will be updated annually. Any questions or concerns about terms of the contract should be referred to the Office of Business Services at (850) 644-3279 or OBS@fsu.edu.

FSU/SunTrust Banking Agreement: Banking Agreement Documentation

Florida State University and SunTrust have partnered to bring you optional added banking convenience with your linked FSUCard. You can choose to open an account and you can choose to link that account to your FSUCard for banking access. Both optional services are available for your convenience. 

Beginning July 1, 2017, the University will publish the major features/commonly assessed fees associated with student banking accounts with SunTrust. 

The links below will be published year round and will be updated annually. Any questions about the terms of the SunTrust accounts and features should be referred to the Office of Business Services at (850)644-3279 or OBS@fsu.edu. 

See the Deposit Account Fee Schedule and Terms and Conditions for additional consumer account information.

The Department of Education's (ED) Cash Management regulations 34 CFR 668.164(d)(4)(1)(8)(2) (issued October 2015), requires institutions participating in T2 (Campus Card) arrangements to list and identify the major features and commonly assessed fees as well as a URL for the terms and conditions of each financial account offered under the arrangement.

SunTrust Checking Account Disclosures

Deposit products offered by SunTrust, Inc. Member FDIC.